November 12, 2019

M&A Professionals See Process Automation as Industry’s Biggest Game-Changing Technology

Over 220 share insights on how technology is impacting the M&A lifecycle

11/13/2019

ST. PAUL, Minn., November 13, 2019 – Software that automates mergers and acquisitions processes is the industry’s biggest groundbreaking technology, according to key findings from a Merrill InsightTM poll of global M&A professionals. Merrill InsightTM is part of Merrill Corporation, a leading software provider for M&A professionals around the world.

Of the 223 dealmakers polled across the Americas, Europe, the Middle East and Africa (EMEA), 34% of respondents cited process automation, such as asset marketing or due diligence automation, as the biggest game changing technology for the M&A industry. This was followed by analytics (30%), task automation, such as redaction or buyer outreach (19%), and machine learning and AI (17%).

“Speed is critical in dealmaking” said Rusty Wiley, Chief Executive Officer of Merrill Corporation. “Tools that help shrink the amount of time spent on administrative or routine tasks will mean more time for M&A professionals to focus on higher value activities, thereby ensuring better deal outcomes.”

Dealmakers similarly indicated that current processes for marketing an asset for sale could also benefit from automation. When asked what is the biggest pain point regarding current asset marketing processes, an overwhelming 60% of dealmakers said it is inefficient or too manual. This was followed by no insights on buyer behavior across mandates (17%), poor visibility to what’s happening within a specific project (14%), and providing client information on project status (9%).

For more information on the future of the M&A lifecycle, please see the Merrill Insight™ replay. The poll results are based on responses from global M&A professionals in the Americas and Europe, the Middle East and Africa, who tuned into the event on October 31, 2019.

About Merrill Corporation
Merrill Corporation is a leading SaaS technology provider for participants in the M&A lifecycle. The company’s platform, DatasiteOne, powers secure, intelligent due diligence, asset marketing and enterprise collaboration for thousands of deals globally. To learn more, visit www.merrillcorp.com.

CONTACT:
Laura Powers
Merrill Corporation
212-367-6168
Laura.powers@merrillcorp.com

Nicholas Koulermos
5W Public Relations
646-843-1812
Merrill@5WPR.com

Contacts

Media Relations
Marta Carraro

Vice President, Communications

212.367.6162

marta.carraro@datasite.com

Investor Relations
Jennifer Percy

651.632.4009

jennifer.percy@datasite.com

Here are some other items you might be interested in:

Datasite Opens Los Angeles Office to Meet Growing Demand for M&A Technology and Services on West Coast

MINNEAPOLIS, Minn. – May 5, 2021 – Further enhancing its global expertise with local resources, Datasite®, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has opened a new office in Los Angeles to meet growing demand for innovative M&A technology and services on the West Coast.

Datasite® Wins Two Bronze Stevie® Awards for Large Computer Software Company of the Year and FinTech Solution

MINNEAPOLIS, Minn. – April 29, 2021 – Datasite®, a leading Saas-based technology provider for global mergers and acquisitions (M&A) professionals, has received a pair of Stevie® Awards in the 19th Annual American Business Awards®. The company was recognized with a Bronze Stevie Award for Large Computer Software Company of the Year, and received a Bronze Stevie Award for FinTech Solution for its Datasite Outreach™ application.

Colleagues Discussing Business in Office
Datasite Recognized as Singapore Business Review’s Technology Excellence Award Winner for Fintech – Mergers & Acquisitions

Minneapolis, Minn. – April 27 – Datasite®, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today announced that it has been recognized as the 2021 Technology Excellence Award Winner for Fintech – Mergers & Acquisitions by the Singapore Business Review (SBR).